Natural Gas Services Group, Inc. (NYSE:NGS) saw its share price decline by 2.18% during the trading period from January 9 to January 16, 2026. The company was listed among energy stocks that lost the most value this week.
The firm provides high-performance compression solutions for the oil and natural gas industry.
On January 13, Raymond James adjusted its rating for Natural Gas Services Group from 'Strong Buy' to 'Outperform.' The analyst also increased the stock's price target from $34 to $42, suggesting a potential rise of nearly 25% from current levels.
Raymond James stated that the compression sector appears to have a healthy outlook. This is driven by growing natural gas demand from increased US LNG export capacity and rising energy consumption by data centers.
Despite a slow start to the new year, Natural Gas Services Group's share price has increased by more than 23% over the past twelve months.